Dell_20181213

Sify Reports Revenues of Rs 20,686 Million for Financial Year 2017-18

June 2018

Revenue for the year was Rs 20,686 million, an increase of 12 percent over last year. EBITDA for the year was Rs 2856 million, an increase of 11 percent over last year. Net profit for the year was Rs 924 million, an increase of 44 percent over last year. CapEx for the year was Rs 1888 million. Cash balance at the end of the year was Rs 2275 million.

Business Highlights

Telecom-centric services. Comprises managed data services on our domestic and international network and termination of voice calls over IP in our domestic and international partner networks.

Revenue for the data and managed services business for the year FY17-18 grew by 9 percent over the previous year, while reduction in revenue from India voice termination, due to reduction in IUC charges, resulted in the overall Telecom revenue falling by 2 percent over last year

The company added a total of 803 new telecom-centric services customers during the year

The last quarter of the year saw a major network transformation win in the FSI category

Sify won a contract for network services in Nepal, which is the first in this geography and opens up the potential to cater to the SAARC countries sharing a border with India

Sify’s hyperscale network strategy continues to see success with a terabit scale solution for a large global content player and repeat orders from existing cloud and CDN providers

The company successfully incubated a service model for Internet of Things (IoT) and has seen early wins in this category

Sify signed up several PSU banks across all regions. The other significant contracts were in the eCommerce category and multiple digital native customers

Sify also concluded network and security managed services contracts with customers from the logistics and manufacturing verticals

Sify’s wireless data network was further augmented with the addition of over 200 base stations across the country

Sify deployed a Nx100G backbone network in Mumbai to support high bandwidth addition across infrastructure and customer domains

Earlier in the year, Sify established a neutral IX in partnership with AMS-IX to support the growth of the internet ecosystem in India. This quarter, Sify expanded its IX coverage to three locations in Mumbai

The business established a category of services to address the digital Cloud First, Mobile First enterprise

The business all completed successful trials of SD-WAN led technologies and is poised to cater to the cloud centric WANs of tomorrow

Sify continues to demonstrate the ability to deliver large-scale projects, with multiple successful handovers, including a DC, DR, and data center transformation for a housing finance company, a large DC build for a public-sector oil company, a significant WAN roll out for a large public-sector insurance company across 1000 branches, and commissioning of a data center for a central government organization